Union Assurance currently valued at Rs. 2.39 b. has managed to maintain nett earnings from insurance premiums in 2014, valued at Rs. 5.9b.
Additionally, financial records from the varied Union Assurance verticals support this strong growth.
Marketing and Distributions,Assistant General Manager, Dharshana Amarasinghe said the promise of 'trust are more than just words to the Union Assurance family.
"It is the cornerstone of all company undertakings, and that is the reason for the company's success. The Insurance business is extremely complex. In order to be successful, all stakeholders need build and maintain trust among each other. We ensure that all our dealings are transparent, and we provide our customers with superior service, ease and respect - this is how we ensure that our promise of 'trust' is being delivered."
Union Assurance is constantly taking steps to introduce product and service innovations to their customers, such as the recently re-introduced 'Union Challenger' plan.
The Union Challenger Plan is an investment plan with a life insurance policy, and is a stable foundation from which to build a future.
"However, we are not satisfied with merely introducing new solutions. We are taking steps to educate the nation about the importance of insurance and investment. To this aim we are using electronic and print media, as well as external publicity campaigns. Social media is also playing a pivotal role in this regard. The fact that at this time, our Facebook page has the second largest following in the Insurance sector, is evidence of this fact," Amarasinghe said. Union Assurance is constantly updating the skills and potential of their staff through various training programmes.
At the same time, the company prides itself in being able to create an environment that is conducive to growth and learning. This is a key reason behind the success of Union Assurance.
In recognition of this fact, we were recognized recently, for the third consecutive time, by the prestigious Great Places to Work organization.
"We are constantly striving to recruit talented members to our staff carder. Union Assurance recently launched the 'Month of Victory' programme is a key example," Amarasinghe added.
All these factors considered, Union Assurance has managed to claim 14% of the insurance market in Sri Lanka.
The company has managed to surpass its competitors and earn an AA- rating, valued at Rs. 2.39b. This is evidence for the fact that Union Assurance will continue to go from strength to strength in the future.
www.dailynews.lk
Additionally, financial records from the varied Union Assurance verticals support this strong growth.
Marketing and Distributions,Assistant General Manager, Dharshana Amarasinghe said the promise of 'trust are more than just words to the Union Assurance family.
"It is the cornerstone of all company undertakings, and that is the reason for the company's success. The Insurance business is extremely complex. In order to be successful, all stakeholders need build and maintain trust among each other. We ensure that all our dealings are transparent, and we provide our customers with superior service, ease and respect - this is how we ensure that our promise of 'trust' is being delivered."
Union Assurance is constantly taking steps to introduce product and service innovations to their customers, such as the recently re-introduced 'Union Challenger' plan.
The Union Challenger Plan is an investment plan with a life insurance policy, and is a stable foundation from which to build a future.
"However, we are not satisfied with merely introducing new solutions. We are taking steps to educate the nation about the importance of insurance and investment. To this aim we are using electronic and print media, as well as external publicity campaigns. Social media is also playing a pivotal role in this regard. The fact that at this time, our Facebook page has the second largest following in the Insurance sector, is evidence of this fact," Amarasinghe said. Union Assurance is constantly updating the skills and potential of their staff through various training programmes.
At the same time, the company prides itself in being able to create an environment that is conducive to growth and learning. This is a key reason behind the success of Union Assurance.
In recognition of this fact, we were recognized recently, for the third consecutive time, by the prestigious Great Places to Work organization.
"We are constantly striving to recruit talented members to our staff carder. Union Assurance recently launched the 'Month of Victory' programme is a key example," Amarasinghe added.
All these factors considered, Union Assurance has managed to claim 14% of the insurance market in Sri Lanka.
The company has managed to surpass its competitors and earn an AA- rating, valued at Rs. 2.39b. This is evidence for the fact that Union Assurance will continue to go from strength to strength in the future.
www.dailynews.lk
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